Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AI | Class A Common Stock | Options Exercise | $3.99M | +233K | $17.10 | 233K | Oct 12, 2021 | Direct | F1 | |
transaction | AI | Class A Common Stock | Sale | -$7.67M | -170K | -73% | $45.04 | 63K | Oct 12, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AI | Stock Option (Right to Buy) | Options Exercise | $0 | -233K | -20% | $0.00 | 933K | Oct 12, 2021 | Class A Common Stock | 233K | $17.10 | Direct | F1, F3, F4 |
Id | Content |
---|---|
F1 | Transaction pursuant to a previously established Rule 10b5-1 Plan. |
F2 | Represents weighted average sales price. The shares were sold at prices ranging from $45.00 to $45.42. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
F3 | Twenty percent (20%) of the shares subject to the option grant vested on October 8, 2021, and the remaining eighty percent (80%) of each such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates. |
F4 | Due to rounding in connection with the reverse stock split, the total shares include 2 additional shares that were not originally reported on the Reporting Person's Form 3. |